Altman will not return to OpenAI, Emmett Shear to be interim CEO: The Information
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More news: Sam Altman won't return as chief executive at OpenAI, despite efforts to bring the co-founder back, The Information reports. OpenAI co-founder and director Ilya Sutskever reportedly named Emmett Shear, co-founder of video streaming site Twitch, to replace Altman as interim CEO.
OpenAI interim CEO plans to re-hire Altman, Brockman: Bloomberg
More news: OpenAI's interim chief executive Mira Murati plans to re-hire ousted former boss Sam Altman and former President Greg Brockman, who resigned in protest after Altman's surprise sacking, Bloomberg reported citing unnamed sources. The OpenAI board is still looking to hire its own CEO to replace Altman, potentially upsetting shareholders like Microsoft and Thrive, which want the board to step down and Altman back at the helm.
Altman reportedly arrives at OpenAI offices as pressure grows to reinstate him
More news: Sam Altman is meeting with executives at the company’s San Francisco headquarters as they push to reinstate him, unnamed sources told The Information. Interim CEO Mira Murati earlier told staff that she and the leadership team arranged the meeting with Altman and other recently departed executives, including OpenAI's former chairman and president Greg Brockman. The tech news outlet also reported that OpenAI’s biggest backer Microsoft is eyeing a seat on the board if Altman’s return materialises.
Altman, meanwhile, posted a photo on X showing him wearing an OpenAI guest pass with the caption: "first and last time i ever wear one of these".
OpenAI in talks to reinstate Sam Altman days after he was fired: Reuters
The news: OpenAI's ousted CEO Sam Altman is in discussions over a possible return to the company, Reuters reported, citing unnamed sources.
The numbers: The possible return has been driven by anger from investors and employees, who are worried how an upcoming USD86 billion ($132 billion) share sale could be affected by the sudden management upheaval. Altman's reinstating would cap a tumultuous 48 hours after he was removed with little notice given to him or the company's biggest financial backer Microsoft, which has pumped $US13 billion into the organisation.
The context: Altman was fired by the company board on Friday, in a surprise move that sent shockwaves through Silicon Valley and Wall Street, as well as the Australian tech world. According to Reuters reports, he is in discussions over a possible return to the nonprofit behind ChatGPT, even as he considers launching a new artificial intelligence venture.
What they said: The company announced the leadership change on Friday, stating: “Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities. The board no longer has confidence in his ability to continue leading OpenAI.”
OpenAI's Chief Operating Officer Brad Lightcap wrote in an internal company memo that Altman's outser was due to a "breakdown of communications" not "malfeasance".
The sources: Reuters, Bloomberg, The Information
